Mortgage brokers don't have access to CRA products, and only a few real estate investors take the time to find out what's available in their areas. This gives you a tremendous advantage in selling your properties.
■ Understanding Income Ranges
How much do people in the low-income and moderate-income ranges actually earn? It depends on where you are. The government establishes the definitions based on an area's median income. Here's how it's figured:
Very low income
Poverty level Low income Moderate income
Someone who makes 50 percent or less of the median income
30 percent of the median income
80 percent of the median income
120 percent of the median income
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